McLaren on Thursday swiftly confirmed reports that Vodafone will definitely end its seven-year title sponsorship at the end of 2013.
"Having met and exceeded all the highly ambitious targets that Vo...

McLaren on Thursday swiftly confirmed reports that Vodafone will definitely end its seven-year title sponsorship at the end of 2013.

"Having met and exceeded all the highly ambitious targets that Vodafone had set for its title partnership with McLaren, the company has now decided to focus on business priorities away from formula one sponsorship," the British team announced in a press release.

Amid speculation it will team up with the Sergio Perez-linked Mexican giant Telmex, McLaren announced that its next title sponsor will be announced in December.

"While the current title partnership is in place ... McLaren will not disclose its new title partnership, but (the team) will make an exciting announcement on 2nd December 2013, following the last grand prix of the season," said the Woking based team.

As it has since Perez entered F1 in 2010, Telmex currently sponsors Sauber.